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Wildhorse Googal owns a garage and is contemplating purchasing a tire retreading machine for $17.820. After estimating costs and revenues, Wildhorse projects a net cash

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Wildhorse Googal owns a garage and is contemplating purchasing a tire retreading machine for $17.820. After estimating costs and revenues, Wildhorse projects a net cash inflow from the retreading machine of $3,500 annually for 9 years. Wiidhorse hopes to carna return of 12% on such investments. Click here to view the factor table. (For calculation purposes use 5 decimal places as displayed in the foctor table provided) What is the present value of the retreading operation? (Round answer to 2 decimal ploces, es. 25.25) Present value Should Wilchorse Googal purchase the retreading machine? Wildhorse-Googal purchase the retreading machine

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